EFU Life Assurance Ltd is pleased to announce the distribution of its 2023 surplus from EFU Hemayah (Window Takaful Operations) to its Individual Family Takaful Participants for the year ended 31st December 2023. The surplus grew by 24% compared to 2022, reaching PKR 277 million, of which 80%, i.e. Rs. 222 million has been allocated to eligible participants.
Since 2017, EFU Life has distributed a cumulate surplus of PKR 755 million to its individual takaful participants, reflecting its strong management and commitment to delivering value through its takaful business.
EFU Life holds the distinction of being Pakistan’s first window takaful operator, having launched operations in February 2015 under the “Hemayah” brand. The company offers a comprehensive range of takaful solutions, focusing on protection, savings, education, and retirement. With a dedicated focus on promoting Takaful in Pakistan, EFU Life is the premier Takaful provider in the country.
Through continuous innovation and focus on takaful participant benefits, EFU Life remains committed to driving growth and leading the progress of the takaful industry in Pakistan.